AMP appoints Craig Meller as new CEO
AMP has appointed Craig Meller as new chief executive officer and managing director.
Meller, who headed AMP’s financial services division since 2007, will step into the new role after current CEO Craig Dunn retires in January 2014.
AMP Chairman Peter Mason said Meller and Dunn will work together to ensure a smooth transition to the new leadership.
“Craig Meller has demonstrated a great capacity to lead and grow the business since he joined AMP more than a decade ago,” Mason said.
“He has successfully led AMP’s largest business unit during a period of significant regulatory and industry change, while at the same time new technologies have been driving a major shift in customer behaviour.”
Mason added outgoing CEO Mr Dunn would be leaving AMP in a strong position for his successor.
“Craig Dunn leaves AMP in great shape after successfully steering the company through the global financial crisis, unprecedented regulatory change and one of Australia’s largest and most successful financial services integrations,” Mason said.
The new appointment comes as the group reported net profit of $393m for the first half of 2013, up 5.4 per cent on the first half of 2012.
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